Surrey Downs is a smaller suburb in South Australia within the Tea Tree Gully local government area (postcode 5126). With a population of 3,358, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Surrey Downs is $839,000, having surged 14.1% over the past year. The current median weekly rent is $570. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,473.
Surrey Downs is served by 1 school, including 1 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Tea Tree Gully LGA is moderate at 4,169 incidents per 100,000 population.
From an investment perspective, Surrey Downs offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($839K/$950K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +14.1% year-on-year.
Surrey Downs is a smaller suburb in South Australia within the Tea Tree Gully local government area (postcode 5126). With a population of 3,358, the suburb has an established demographic with a median age of 38. Households earn a median income of $87K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, clerical & administrative, professionals. The top ancestries reported are English, Australian, Scottish.
The median house price in Surrey Downs is $839,000, having surged 14.1% over the past year. The current median weekly rent is $570. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,473.
Surrey Downs is served by 1 school, including 1 primary. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Tea Tree Gully LGA is moderate at 4,169 incidents per 100,000 population.
From an investment perspective, Surrey Downs offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($839K/$950K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +14.1% year-on-year.